Resource and Energy Economics最新文献_第5页

Discrete-continuous models of residential energy demand: A comprehensive review 住宅能源需求的离散-连续模型：全面回顾

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2024-01-11 DOI: 10.1016/j.reseneeco.2024.101426

Michael Hanemann , Xavier Labandeira , José M. Labeaga , Felipe Vásquez-Lavín

{"title":"Discrete-continuous models of residential energy demand: A comprehensive review","authors":"Michael Hanemann , Xavier Labandeira , José M. Labeaga , Felipe Vásquez-Lavín","doi":"10.1016/j.reseneeco.2024.101426","DOIUrl":"10.1016/j.reseneeco.2024.101426","url":null,"abstract":"<div><p>This paper reviews forty years of research applying econometric models of discrete-continuous choice to analyze residential demand for energy. The review is primarily from the perspective of economic theory. We examine how well the utility-theoretic models developed in the literature match data that is commonly available on residential energy use, and we highlight the modeling challenges that have arisen through efforts to match theory with data. The literature contains two different formalizations of a corner solution. The first, by Dubin and McFadden (1984) and Hanemann (1984), models an extreme corner solution, in which only one of the discrete choice alternatives is chosen. While those papers share similarities, they also have some differences which have not been noticed or exposited in the literature. Subsequently, a formulation first implemented by Wales and Woodland (1983) and extended by Kim et al. (2002) and Bhat (2008) models a general corner solution, where several but not all of the discrete choice alternatives are chosen. Seventeen papers have employed one or another of these models to analyze residential demand for fuels and/or energy end uses in a variety of countries. We review issues that arose in these applications and identify some alternative model formulations that can be used in future work on residential energy demand.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"77 ","pages":"Article 101426"},"PeriodicalIF":2.9,"publicationDate":"2024-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765524000022/pdfft?md5=2c28b8d331581decc8ca73e0b70bc7ce&pid=1-s2.0-S0928765524000022-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139422854","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effectiveness of electric vehicle subsidies in China: A three-dimensional panel study 中国电动汽车补贴的有效性：三维面板研究

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-12-29 DOI: 10.1016/j.reseneeco.2023.101424

Tong Zhang , Paul J. Burke , Qi Wang

{"title":"Effectiveness of electric vehicle subsidies in China: A three-dimensional panel study","authors":"Tong Zhang , Paul J. Burke , Qi Wang","doi":"10.1016/j.reseneeco.2023.101424","DOIUrl":"10.1016/j.reseneeco.2023.101424","url":null,"abstract":"<div><p>Electric vehicles (EVs) are likely to emerge as the main means of zero-emission road transport. China has used a variety of policy approaches to encourage EV adoption, including vehicle purchase subsidies. This study uses a three-dimensional dataset to estimate the effect of purchase subsidies for domestic EVs on adoption in 316 cities in China over January 2016–December 2019. An instrumental variable approach that utilizes the timing of the cancellation of local subsidies by the central government is pursued. The findings suggest that purchase subsidies for domestic EVs have led to a sizeable increase in uptake, but have discouraged uptake of imported EVs. Higher consumer awareness of the subsidies is associated with a larger proportional effect on uptake of domestically-produced vehicles. We estimate that increases in the per-vehicle subsidy rate have on average reduced carbon dioxide (CO<sub>2</sub>) emissions at a marginal subsidy cost of about 4453 CNY (US$712) per tonne, which is high. However other benefits, including long-run benefits from the emergence of a new clean technology sector, may be substantial.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"76 ","pages":"Article 101424"},"PeriodicalIF":2.9,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765523000799/pdfft?md5=3004e0382569b3e1e289ee1c90e5c320&pid=1-s2.0-S0928765523000799-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139193473","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Climate policy with electricity trade 气候政策与电力贸易

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-12-23 DOI: 10.1016/j.reseneeco.2023.101422

Stefan Ambec , Yuting Yang

{"title":"Climate policy with electricity trade","authors":"Stefan Ambec , Yuting Yang","doi":"10.1016/j.reseneeco.2023.101422","DOIUrl":"10.1016/j.reseneeco.2023.101422","url":null,"abstract":"<div><p><span>Trade reduces the effectiveness of climate policies such as carbon pricing when domestic products are replaced by more carbon-intensive imports. We investigate the impact of unilateral carbon pricing on electricity generation in a country open to trade through interconnection lines. We characterize the energy mix with intermittent renewable sources of energy (wind or solar power). Electricity trade limits the penetration of renewables due to trade-induced competition. A carbon border adjustment mechanism (CBAM) removes this limit by increasing the cost of imported power, or by deterring imports. The CBAM must be complemented by a subsidy on renewables to increase </span>renewable generation<span> above domestic consumption. The interconnection line is then used to export power rather than importing it when renewables are producing. We also examine network pricing and investment into interconnection capacity. A higher carbon price increases interconnection investment which further reduces the effectiveness of carbon pricing. In contrast, when renewable electricity is exported, a higher subsidy on renewables reduces further carbon emissions by expanding interconnection capacity.</span></p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"76 ","pages":"Article 101422"},"PeriodicalIF":2.9,"publicationDate":"2023-12-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139029830","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Energy transition and climate change abatement: A macroeconomic analysis 能源转型与减少气候变化：宏观经济分析

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-12-19 DOI: 10.1016/j.reseneeco.2023.101423

Lucas Bretschger

{"title":"Energy transition and climate change abatement: A macroeconomic analysis","authors":"Lucas Bretschger","doi":"10.1016/j.reseneeco.2023.101423","DOIUrl":"10.1016/j.reseneeco.2023.101423","url":null,"abstract":"<div><p>The paper integrates the characteristics of regenerative energies into a dynamic macroeconomic model with climate change. Learning and economies of scale in new energy moderate the cost of emissions reductions and increase the speed of decarbonization. I provide closed-form analytical solutions for the development of regenerative energies, emissions, consumption, and population. The elasticity of substitution between clean and dirty energy inputs, stringency of climate policy, and potential raw material scarcity constitute critical conditions for reaching carbon neutrality by 2050. I find that a timely carbon phase-out requires sufficient substitution in the energy sector, continued learning and scale effects in regenerative energies, and active climate policy, which is indispensable even with enormous cost degression of regenerative energies. Raw material scarcity induced by regenerative energy use slows down the transition but can be overcompensated by more stringent climate policy at a moderate economic cost.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"76 ","pages":"Article 101423"},"PeriodicalIF":2.9,"publicationDate":"2023-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765523000787/pdfft?md5=a68cd940e45a23afb3281755636957d8&pid=1-s2.0-S0928765523000787-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138821849","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Economic impacts of reducing methane emissions in British Columbia’s oil and natural gas sectors: Taxes vs technology standards 减少不列颠哥伦比亚省石油和天然气行业甲烷排放的经济影响：税收与技术标准

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-12-09 DOI: 10.1016/j.reseneeco.2023.101421

Mallory Long , Patrick Withey , Dave Risk , Van Lantz , Chinmay Sharma

{"title":"Economic impacts of reducing methane emissions in British Columbia’s oil and natural gas sectors: Taxes vs technology standards","authors":"Mallory Long , Patrick Withey , Dave Risk , Van Lantz , Chinmay Sharma","doi":"10.1016/j.reseneeco.2023.101421","DOIUrl":"10.1016/j.reseneeco.2023.101421","url":null,"abstract":"<div><p><span>As countries reduce greenhouse gas emissions to fight the potential impacts of climate change, increasing attention is being paid to methane, which is roughly 34 times more potent than CO</span><sub>2</sub><span><span> over a 100-year time span. Governments in many jurisdictions aim to reduce methane by 45–75% in oil and gas sectors by 2030. Methane reductions are often achieved by implementing new technologies and operational techniques, but jurisdictions have discussed the implementation of a methane tax. While several studies have focused on the financial costs of reducing methane emissions through adopting new technologies, little information exists on the economy-wide impacts of these initiatives and the effectiveness of different policy tools. We develop a dynamic </span>computable general equilibrium model for British Columbia, Canada, to evaluate the economy wide impacts of methane technology standards versus taxes. Findings indicate that methane can be reduced by 75% by 2030 using technology standards at a loss of 0.0089% of GDP in 2030. Impacts associated with a methane tax will range from a loss of 0.0071–0.18% in 2030, depending on whether new technologies are assumed to be adopted. If a sufficiently high methane tax incentivizes adoption of new technology, the negative impacts of a tax are lower than that of a standard once the policy is fully implemented. While the overall economy-wide impact of a technology standard is relatively low, we find that it is as much as 65% higher than the direct costs.</span></p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"76 ","pages":"Article 101421"},"PeriodicalIF":2.9,"publicationDate":"2023-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138569381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Pollution-induced migration and environmental policy in an economic geography model 经济地理模型中由污染引起的移民和环境政策

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-12-05 DOI: 10.1016/j.reseneeco.2023.101420

María Victoria Caballero , María Pilar Martínez-García , José R. Morales

{"title":"Pollution-induced migration and environmental policy in an economic geography model","authors":"María Victoria Caballero , María Pilar Martínez-García , José R. Morales","doi":"10.1016/j.reseneeco.2023.101420","DOIUrl":"10.1016/j.reseneeco.2023.101420","url":null,"abstract":"<div><p>This paper develops a two-region New Economic Geography model with polluting firms subject to regional abatement policies. Pollution accumulates in the local environment and decreases the welfare of the population. We show that environmental policies have two opposing effects on welfare: they reduce nominal wages and increase environmental quality. If environmental regulations are equally strict in the two regions then population, pollution and wages tend to converge as trade becomes more open. If the two regions have different but unambitious environmental regulations, firms agglomerate in the laxer region, which becomes a pollution haven. However, a sufficiently far-reaching environmental policy in one of the regions raises its environmental quality, increasing its attractiveness for population and firms, and the emergence of a pollution haven is avoided. We also show that if the natural absorption rate of pollution is low, the environment recovers slowly, population and firms move between regions in a pollute-and-flee cycle and no static equilibrium is reached.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"76 ","pages":"Article 101420"},"PeriodicalIF":2.9,"publicationDate":"2023-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765523000751/pdfft?md5=4874fd685524ef32e072da1e2b413cc5&pid=1-s2.0-S0928765523000751-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138569585","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The energy transition: A balancing act 能源转型:一种平衡行为

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-11-21 DOI: 10.1016/j.reseneeco.2023.101408

Natalia Fabra , Mar Reguant

引用次数: 1

Global non-sustainable harvest of renewable resources reduces their present price but increases their net present value 全球不可持续的可再生资源收获降低了其当前价格，但增加了其净现值

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-11-20 DOI: 10.1016/j.reseneeco.2023.101409

Adam Lampert

{"title":"Global non-sustainable harvest of renewable resources reduces their present price but increases their net present value","authors":"Adam Lampert","doi":"10.1016/j.reseneeco.2023.101409","DOIUrl":"https://doi.org/10.1016/j.reseneeco.2023.101409","url":null,"abstract":"<div><p>Over-exploitation of natural resources is a major problem, and transitions to sustainable harvest are taking place worldwide. To determine the optimal harvesting strategy, including the optimal speed and approach to transition toward sustainable harvest, policymakers need to estimate the net present values of natural resources. Previous studies have shown that discounting reduces the future value of natural resources, but the long-term increase in their price may partially compensate for discounting. However, the price and future values of natural resources may also be affected by the transition from over-harvesting to sustainable harvest. Here we present a model that endogenizes the effect of non-sustainable harvest on the price of a renewable natural resource. We show that the transition to sustainable harvest is expected to increase the resource’s price significantly, at a rate that is greater than its long-term increase. Incorporating this effect increases the estimated net present value of ecosystems providing renewable natural resources.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"76 ","pages":"Article 101409"},"PeriodicalIF":2.9,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765523000647/pdfft?md5=659ec33fb0de8fdd30410d8d9a620755&pid=1-s2.0-S0928765523000647-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138501228","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Valuing urban nature through life satisfaction: The consistency of GIS and survey indicators of nature 通过生活满意度评价城市自然:GIS与自然调查指标的一致性

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-10-01 DOI: 10.1016/j.reseneeco.2023.101406

S.P. de Vries , G. Garcia Alvarez , W.J.W. Botzen , M. Bockarjova

引用次数: 0

On the geography of vintage-specific restrictions 关于年份特定限制的地理位置

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-10-01 DOI: 10.1016/j.reseneeco.2023.101405

Carlos Fardella , Nano Barahona , Juan-Pablo Montero , Felipe Sepúlveda

引用次数: 0